2. Cross Border Processing

The Cross-border (SWIFT) Payments module (product processor) of Oracle FLEXCUBE Payments is a standalone product processor. Payments module provides out of the box support for processing incoming and outgoing SWIFT Payments. This module helps you process funds transfer transactions between financial institutions based anywhere across the globe. Following fund transfers are supported:

• Incoming Cross Border Payment
• Outgoing Cross Border Payment

The Cross-border product processor processes a SWIFT payment transaction initiated by an Operations user from the in-built user interface or by customers in the bank’s Customer Channels like Internet banking or Mobile banking. The payment instructions initiated from the bank Channels are received by Oracle Payments through ReST or SOAP based interfaces.

An outgoing SWIFT payment is processed through number of processing steps as detailed in one of the sections of this user manual. After successful processing, an outward SWIFT message, say MT103, is generated and sent to the SWIFT network through a SWIFT gateway like SAG. Likewise, Incoming SWIFT payment messages from the SWIFT network can be received and processed resulting in credit of a beneficiary bank account or an outward SWIFT payment to the next bank in the chain.

Key Features of Cross Border Product Processor

• Supports incoming, outgoing and pass-through outgoing Cross border SWIFT payments.
• Straight through processing of incoming and outgoing messages is supported.
• Outward Cross border payments can be initiated in one of the following ways:
  • UI
  • ReST services
  • SOAP services
  • Bulk File upload

• Provision for manual initiation based on image uploaded image of payment instructions received.
• Support for exceptions processing Any exception encountered during processing will move the transaction to the relevant dedicated exception queue.
• Cross-border transaction life-cycle processing will be supported

This chapter contains details of the following maintenances specific to Cross-border payments:

• Currency Correspondent
• Global Correspondent
• BIC Cutoff
• PSD Preferences
• Sender Receiver Agreement
• Spread Rule
• Special Instructions
• Cover Suppression Maintenance
• Message Enrichment Rules
• D to A Converter
• Cover Queue Rule Maintenance
• Rate Refreshment
• Prime Bank

2.1 Currency Correspondent

Usage of this screen

You can specify currency correspondent account details in this screen.Currency correspondent Maintenance function is Host specific.

2.1.1 Maintaining Currency Correspondent

You can invoke the ‘Currency Correspondent Maintenance’ screen by typing ‘PMDCYCOR’ in the field at the top right corner of the application toolbar and clicking the adjoining arrow button.Click new button on the Application toolbar.

You can specify the following fields:

Host Code

The system displays the Host Code of the selected branch of the logged in user.

Currency

Specify the currency. Alternatively, you can select the currency from the option list. The list displays all valid currencies maintained in the system.

Account Type

Select the account type. The list displays the following values:

• Our- Account maintained with the correspondent input in the Bank Code field.
• Their- Account maintained by the correspondent input in the Bank Code field with the Processing bank (Vostro account)

Account Number

Specify the account number associated with the correspondent input in the Bank Code field in the specified currency

Alternatively, you can select the parent account number from the option list. The list displays all Nostro accounts for Account type OUR and valid normal accounts for account type THEIR. The account currency displayed in the list should be same as the currency specified.

Account Name

The system displays the account name of the account number.

Primary Correspondent

Check this box if this correspondent is the primary currency correspondent. This option is applicable only for Account type ‘OUR’. There can be only one primary currency correspondent for the combination of Account type, Currency. This option will be defaulted as yes for the first currency correspondent maintained.

Max Claim Amount

Specifies the maximum amount that can be claimed by the correspondent in MT191 message.

Charge Claim GL

Specifies the GL code that is used to debit the charges as part of processing of the outgoing Bank transfer Transaction for the charge claim.

2.1.2 Viewing Currency Correspondent Summary

You can invoke “Currency Correspondent Summary” screen by typing ‘PMSCYCOR’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

You can search using one or more of the following parameters:

• Authorization Status
• Record Status
• Account Type
• Bank Code
• Account Number
• Primary Correspondent
• Currency
• Max Claim Amount
• Charge Claim GL
• Host Code

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria for the following

• Authorization Status
• Record Status
• Branch
• Account Type
• Bank Code
• Account Number
• Primary correspondent
• Branch
• Primary Account
• Currency
• Max Claim Amount

2.2 Global Correspondent

Usage of this screen

You can maintain the correspondent relationship between any two banks in a specific currency in the Global correspondent screen.

2.2.1 Maintaining Global Correspondent

You can invoke the ‘Global correspondent Maintenance’ screen by typing ‘PMDGLCOR’ in the field at the top right corner of the application toolbar and clicking the adjoining arrow button.Click new button on the Application toolbar.

You can specify the following fields:

Host Code

The system displays the Host Code of the selected branch of the logged in user.

Bank Code

Specify the BIC code of the bank for which you need to maintain a Correspondent. Alternatively, you can select the BIC code from the option list. The list displays all valid BIC codes maintained in the system.

Bank Code Description

The system displays the Bank name of the specified BIC code.

Currency

Specify the currency. Alternatively, you can select the currency from the option list. The list displays all valid currencies maintained in the system.

Correspondent Bank Code

Specify the BIC code of the correspondent bank for the specified currency.

Correspondent Bank Code Description

The system displays the name of the correspondent Bank based on the specified BIC code.

2.2.2 Viewing Global Correspondent Summary

You can invoke “Global Correspondent Summary” screen by typing ‘PMSGLCOR’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

You can search using one or more of the following parameters:

• Authorization Status
• Record Status
• Host Code
• Currency
• Bank Code

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria.

• Authorization Status
• Record Status
• Host Code
• Bank Code
• Currency

2.3 BIC Cutoff

Usage of this screen

• You can capture Currency cutoff days and time for each currency in this screen, and additionally a BIC of sender/receiver bank.
• For a currency specific or All BICs, Cut-off time is maintained.
• Cut off time maintained in BIC Cutoff Maintenance (PXDCYCOF) is used for Network cut-off check for cross-border payments.

2.3.1 Maintaining BIC Cutoff

You can invoke “BIC Cutoff” screen by typing ‘PXDCYCOF’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button

You can specify the following details:

Host Code

Displays the Host Code of the selected branch of the logged in user.

BIC Code

Specify the BIC Code. Alternatively, you can select the BIC Code from the option list. The list displays all valid BIC Codes maintained in the system.

Currency Code

Specify the currency code. Alternatively, you can select the currency code from the option list.

The list displays all valid currency codes maintained in the system for the selected country.

Limit Amount

Specify the limit amount for the transaction amount.

Cutoff Hour

Specify the hours for the transaction cut-off time.

Cutoff Minute

Specify the minutes for the transaction cut-off time.

Cutoff Days

Specify the number of days in advance of the current day on which the Cut-off time is applicable that the payment request needs to be received or the transaction booked from screen.

2.3.2 Viewing BIC Cutoff Summary

You can invoke “BIC Cutoff Summary” screen by typing 'PXSCYCOF' in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

You can search using one or more of the following parameters:

• Authorization Status
• Record Status
• Host Code
• Currency Code
• BIC Code

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria.

• Authorization Status
• Record Status
• Currency Code
• BIC Code
• Host Code

2.4 PSD Preferences

Usage of this screen

• You can define the preferences related to Payment Services Directive (PSD) for outgoing payments in this screen.
• On processing an outgoing cross-border transaction for a combination of sender and receiver and currencies involved, the system verifies whether a record is available in PSD preferences.
• If PSD preference is maintained, Charge type is updated as SHA in place of BEN or OUR for an outgoing transaction.

2.4.1 Maintaining PSD Preferences

You can invoke “PSD Preferences maintenance” screen by typing ‘PXDPSDPF’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

Specify the following details

Host Code

Displays the Host code for which PSD preferences are to be maintained.

Originator

Specify the originator country code. Alternatively, you can select the originator country code from the option list. The list displays all valid country codes maintained in the system.

Receiver

Specify the receiver country code. Alternatively, you can select the receiver country code from the option list. The list displays all valid country codes maintained in the system.

Debit Currency

Specify the debit currency of the transaction. Alternatively, you can select the debit currency from the option list. The list displays all valid currencies maintained in the system.

Transfer Currency

Specify the transfer currency of the transaction. Alternatively, you can select the transfer currency from the option list. The list displays all valid currencies maintained in the system.

OUR to SHA

Check this Charge Whom option to indicate that the charges pertaining to the payment are shared between the originator and receiver, instead of being borne by the ordering customer.

BEN to SHA

Check this Charge Whom option box to indicate that the charges for the payment are shared between the originator and the receiver, instead of being borne by the beneficiary.

2.4.2 Viewing PSD Preferences Summary

You can invoke “PSD Preferences Summary” screen by typing ‘PXSPSDPF’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

You can search using one or more of the following parameters:

• Authorization Status
• Record Status
• Host Code
• Originator
• Receiver
• Transfer Currency
• Debit Currency

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria for the following

• Authorization Status
• Record Status
• Host Code
• Originator
• Receiver
• Transfer Currency
• Debit Currency
• OUR to SHA
• BEN to SHA

2.5 Sender Receiver Agreement

2.5.1 Maintaining Sender Receiver Agreement

You can maintain Sender Receiver Agreement in this screen.This is used for capturing Bi-lateral agreement for exchanging MT102/MT102+messages with a particular bank.

You can invoke “Sender Receiver Agreement” screen by typing ‘PXDSRAGM’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

Specify the following details.

Host Code

Displays the Host code of the selected branch.

Counterparty Bank

Specify the Bank Code as the 1st 6 characters of a BIC code comprising 4 characters identifying the bank and the next 2 characters identifying the Country code.

Bank Name

Specify the name of the bank.

SWIFT Message Type

Displays the default value i.e MT 102. This is non-editable.

Transactions per message

Specifies the maximum number of transactions in one Multi-credit Customer Transfer MT102 message.

Transaction Currency Limits and Cut-off time

Specify the list of allowed Transaction Currencies, Max. Transaction Amount in each currency and the cut-off time per currency expressed in hours and minutes in the time zone of the branch which processes the outward/inward MT 102.

Charge Whom

If the Sender and Receiver want the charging option in MT 102 messages exchanged between them to be restricted to only one of the 3 options then, the same can be selected in this field.

• The values for selection are OUR, BEN and SHA
• If the two banks do not wish to restrict to any particular charging option, then no value should be selected. You can select the required charging option in each individual transaction of the multi-credit customer transfer batch.

Receiver Charge Option

In case of OUR charge Type, the charges due to Receiver can either be pe-paid by including them in the settlement amount of the message (Field 32A in Sequence C) or through settlement of incoming MT191 for charge claim from the Receiving bank.

Select one of the following options:

• Included in Settlement Amount
• Settled through Charge Claim

Receiver Charge Currency

If you select the option for settlement of the Receiver Charges as “Included in Settlement amount, then you must specify the currency of the charges.

Receiver Charge Amount

If you select the option for settlement of the Receiver Charges as “Included in Settlement amount, then you must specify the charge amount.

Debit Accounting Code

Specify the Debit Accounting Code.

Credit Accounting Code

Specify the Credit Accounting Code.

Restriction sub screen

Click this link. The Restriction screen appears.

2.5.2 Specifying Restrictions

Click the Restrictions button in the Sender Receiver Agreement Maintenance screen.

Specify the following details.

Counterparty Bank - Sender Restrictions

 

• Allowed - Select this option for specifying all of the allowed BIC codes of the counter-party bank that can send MT102/MT102+.
• Disallowed- Select this option for specifying the specific BIC codes of the counter-party bank that are not allowed to send MT102/MT102.

BIC Code

Specify the BIC Code or search and select it using LOV.

Name

Displays the name of the bank for the specified BIC code.

Counterparty Bank - Receiver Restrictions

 

• Allowed - Select this option for specifying all of the allowed BIC codes of the counter-party bank that can receive MT102/MT102+.
• Disallowed- Select this option for specifying the specific BIC codes of the counter-party bank that are not allowed to receive MT102/MT102.

BIC Code

Specify the BIC Code or search and select it using LOV.

Name

Displays the name of the bank for the specified BIC code.

Branch Restrictions

 

• Allowed - Select this option for specifying all of the allowed BIC codes of the counter-party bank that can send and receive MT102/MT102+.
• Disallowed- Select this option for specifying the specific BIC codes of the counter-party bank that are not allowed to send or receive MT102/MT102.

Branch Code

Specify the Branch Code search and select it using LOV.

Name

Displays the name of the branch for the specified branch code.

2.5.3 Viewing Sender-Receiver Agreement Summary

You can invoke “Sender-Receiver Agreement Summary” screen by typing ‘PXSSRAGM’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

You can search using one or more of the following parameters:

• Authorization Status
• Record Status
• Counterparty Bank
• SWIFT Message Type

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria for the following

• Authorization Status
• Record Status
• Counterparty Bank
• Bank Name
• SWIFT Message Type
• Transaction per Msg
• Charge Whom
• Receiver Charge Option

2.6 Spread Rule

Usage of this screen

• Using elements, you can maintain the specific Exchange rate buy/sell spreads for customers which will be used for cross currency transaction.
• You can capture the rules and the spread value for a customer in this screen.

2.6.1 Maintaining Spread Rule

You can invoke “Spread Rule Maintenance” screen by typing ‘PXDSPDRL’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

Specify the following details

Host Code

The system displays the host code.

Condition Number

Specify the condition number.

Condition

Specify the condition using a combination of Elements, Operators, Functions and Logical Operators.

Element

Specify the attributes that can be used for condition builder. Alternatively, you can select the attributes from the option list. The list displays all valid attributes maintained in the system.

Operators

Select the standard operators to define conditions from the drop-down list. Following are the options available in the drop-down list:

• =
• <>
• >
• >=
• <
• <=
• +
• -
• /
• *

Functions

Select standard functions to define conditions from the drop-down list. Following are the options available in the drop-down list:

• ABS
• Round
• Floor
• Cell
• Greatest
• Least
• Power
• Mod
• Truncate

Logical Operators

Select the standard logical operators to define conditions from the drop-down list. Following are the options available in the drop-down list:

• AND
• OR
• NOT

Spread

Specify the spread value.

2.6.2 Viewing Spread Rule Maintenance Summary

You can invoke “Spread Rule Maintenance Summary” screen by typing ‘PXSSPDRL’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

You can search using one or more of the following parameters:

• Authorization Status
• Record Status
• Host Code

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria for the following

• Authorization Status
• Record Status
• Host Code

2.7 Special Instructions

Usage of this screen

• You can specify the special instructions for any given account - Customer or Nostro account in the Special Instructions screen. If any special instructions are maintained for the account, the transactions are moved to the business override queue. The instruction can be free format text.
• The authorized special instruction of an account is considered during transaction processing. The record is re-opened to maintain any new special instructions.
• Once the special instruction for the account has been processed, the same can be closed in the maintenance. The same record can be re–opened to maintain any new special instructions.

2.7.1 Maintaining Special Instructions

You can invoke the ‘Special Instructions Maintenance’ screen by typing ‘PXDSIMNT’ in the field at the top right corner of the application toolbar and clicking the adjoining arrow button.Click new button on the Application toolbar.

You can specify the following fields:

Host Code

The system displays the Host Code by default when you select New or Enter Query.

Branch

The system displays the selected branch of the logged in user.

Account Number

Specify the account number for which the special instruction needs to be maintained. Alternatively, you can select the account number from the option list. The list displays all valid account numbers maintained in the system.

Currency

The system displays the currency of the selected account number.

Special Instructions

Specify the special instruction in free format text.

2.7.2 Viewing Special Instructions Summary

You can invoke “Special Instructions Summary” screen by typing ‘PXSSIMNT’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

You can search using one or more of the following parameters:

• Authorization Status
• Record Status
• Branch
• Account number

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria.

• Authorization Status
• Record Status
• Branch
• Account Number
• Currency
• Special Instructions
• Host Code

2.8 Cover Suppression Maintenance

Usage of this screen

• You can define rules in this screen for the system to derive if the cover message needs to be suppressed for an outgoing customer payment message. This is branch specific function.
• All the transaction fields would be available as elements and rules can be defined to suppress the cover message for the transaction.

2.8.1 Invoking Cover Suppression Maintenance Screen

You can invoke the ‘Cover Suppression Maintenance’ screen by typing ‘PXDCSPRL’ in the field at the top right corner of the application toolbar and clicking the adjoining arrow button.Click new button on the Application toolbar.

You can specify the following fields:

Host Code

The system displays the host code of the selected branch of logged in user.

Condition Number

Specify the condition number.

Condition

Specify the rule condition using a combination of Elements, Operators, Functions and Logical Operators.

Element

Specify the attributes that can be used for condition builder. Alternatively, you can select the attributes from the option list. The list displays all valid attributes maintained in the system.

Operators

Select the standard operators to define conditions from the drop-down list. Following are the options available in the drop-down list:

• =
• <>
• >
• >=
• <
• <=
• +
• -
• /
• *

Functions

Select standard functions to define conditions from the drop-down list. Following are the options available in the drop-down list:

• ABS
• Round
• Floor
• Cell
• Greatest
• Least
• Power
• Mod
• Truncate

Logical Operators

Select the standard logical operators to define conditions from the drop-down list. Following are the options available in the drop-down list:

• AND
• OR
• NOT

Cover

Check this box to indicate whether cover message is suppressed or not.

2.8.2 Viewing Cover Suppression Summary

You can invoke “Cover Suppression Summary” screen by typing ‘PXSCSPRL’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

You can search using one or more of the following parameters:

• Authorization Status
• Record Status
• Host Code

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria.

• Authorization Status
• Record Status
• Host Code

2.9 Message Enrich Rules

You can enrich an incoming SWIFT message according to the rules specified for a message type in this screen before the processing of incoming message is initiated.

2.9.1 Maintaining Message Enrich Rules

You can invoke “Message Enrich Rules Maintenance” screen by typing ‘PXDRLECH’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

Specify the following details

Message Type

Message Type

Specify the type of the message, say, MT103. Alternatively, you can select the message type from the option list. The list displays all valid message types maintained in the system.

Field Rules

Message Tag

Specify the tag or field of the selected message type.

Sequence

Displays the sequence of this tag in the message.

Status

Displays the condition of the tag.

Priority

Specify the priority of the enrichment condition.

Condition

Specify the enrichment condition for the message by using a combination of String function, Logical Operator and Operator.

String Functions

Select the string function for constructing condition from the drop down list.

Logical Operators

Select the standard logical operators to define conditions from the drop-down list. Following are the options available in the drop-down list:

• AND
• OR
• NOT

Operators

Select the standard operators to define conditions from the drop-down list. Following are the options available in the drop-down list:

• =
• <>
• >
• >=
• <
• <=
• +
• -
• /
• *

Action Elements

Select one of the available enrichment functions for enriching the value in the selected message tag of the message type.

Parameter 1

Specify the parameter 1 value if expected by the selected enrichment function.

Parameter 2

Specify the parameter 2 value if expected by the selected enrichment function.

Exclusion Button

Click on the ‘Exclusion’ button to invoke the following screen.

Specify the following details

Message Type

Displays the message type.

Sender BIC

Specify the sender BIC. Alternatively you can select the sender BIC from the option list. The list displays all valid BICs maintained in the system.

Currency

Specify the currency. Alternatively you can select the currency from the option list. The list displays all valid currencies maintained in the system.

2.9.2 Viewing Message Enrich Rules Summary

You can invoke “Message Enrich Rules Summary” screen by typing ‘PXSRLECH’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

You can search using one or more of the following parameters:

• Authorization Status
• Record Status
• Message Type
• Host Code

2.9.3 Invoking D to A Converter

You can enable translation of information of the parties involved in the payment from ‘D’ option (names and addresses) to appropriate ‘A’ option (BIC codes).

This information is used during the STP of an incoming message to convert the names and address information to the appropriate BIC code of the parties mentioned in the message.

You can invoke the ‘D to A Maintenance’ screen by typing ‘PMDDAMNT’ in the field at the top right corner of the application toolbar and clicking the adjoining arrow button.Click new button on the Application toolbar.

You can specify the following fields:

Host Code

The system displays the host code of the selected branch of logged in user.

BIC Code

Specify the BIC codes. Alternatively, you can select the BIC code from the option list. The list displays all valid BIC codes maintained in the system.

BIC Code Description

The system displays the description (name of the entity) of the BIC codes.

Address Line1 through to Address Line4

Specify the address line 1 to 4 maintained for the BIC code Address Details mentioned in all of the input lines is compared with name and address received in the message to resolve the BIC Code. The details in these lines should match for successful conversion.

2.9.4 Viewing D to A Converter Summary

You can invoke “D to A Converter Summary” screen by typing ‘PXSDAMNT’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

You can search using one or more of the following parameters:

• Authorization Status
• Record Status
• BIC Code
• Address Line1

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria for the following

• Authorization Status
• Record Status
• BIC Code
• Address Line1
• Address Line2
• Address Line3
• Address Line4

2.10 Cover Queue Rule Maintenance

Usage of this screen

• This rule maintenance screen is used for is available for segregating the incoming message to a designated Queue.
• This maintenance screen is also used to set up rules for moving ‘Cover matching required’ messages to a separate queue so that auto straight through processing does not happen for such messages before cover matching.
• The message type of the rule, in the rule maintenance must be specified as ‘PWC’. This is a host level maintenance.
• In the rule maintenance, after specifying the conditions, the message is mapped to a valid queue name. The queue specified here is maintained with auto STP required as ‘No’ in the relevant Queue maintenance.
• If a message is identified as cover required and auto STP is maintained as’ No’, then further upload of message into cross border payment tables does not happen. The message will be put on hold till the cover matching is done for the message. Messages without cover required, are processed as usual.

2.10.1 Invoking Cover Suppression Maintenance Screen

You can invoke the ‘Cover Suppression Maintenance’ screen by typing ‘PXDRLSTP’ in the in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

You can specify the following fields:

Host Code

The system displays the host code when you click New or Enter Query.

Message Type

The system displays the message type “PWC” by default.

Field Name

Specify the name of the field.

Field Type

Select the required field type. Choose between the following:

• Text
• Number
• Date

Field Logic

Specify the field logic.

Error

Click the Error link to specify any error messages.

Show Rule

Click the Show Rule link to specify or modify the Rule Maintenance parameters.

2.10.2 Invoking Error Screen

From the Cover Queue Rule Maintenance screen, click the Error link.

You can specify the following fields:

Source

Specify the source of error.

Error

Specify the error details.

2.10.3 Invoking Rule Maintenance

From the Cover Queue Rule Maintenance screen, click the Show Rule link.

You can specify the following fields:

Priority

The system specifies the priority by default.

Condition

Specify the Rule Condition.

Result

Select the required result. Choose among the following:

• True
• False

Queue Name

Specify the required Queue Name from the list of values.

Status

Specify the status of the message that should be set for the rule condition. Choose among the following:

• Repair
• Pending Cover Match
• Suppressed
• Unprocessed

Reason

Specify the reason code from the list of values for each rule condition, if applicable.

Cover Required

Check this box if cover is required for a particular rule condition.

Suppress Message

Check this box if message must be suppressed for a particular rule condition.

2.10.4 Viewing Cover Queue Rule Summary

You can invoke “Cover Queue Rule Summary” screen by typing ‘PXSRLSTP’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

You can search using one or more of the following parameters:

• Authorization Status
• Record Status
• Message Type
• Host Code

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria for the following

• Authorization Status
• Record Status
• Message Type
• Host Code

2.11 Rate Refreshment

Usage of this screen

• You can capture the current Rate refreshment status of exchange rates in this screen.
• A separate check box is provided; one for small FX rate refresh status and another one for Standard Rate refresh status.
• The two operations that are allowed in this screen are:
  • Unlock
  • Save

• Whenever user changes the exchange rates in Spot rate maintenance, the rate refresh statuses will be set to “No” [Unchecked]. This happens automatically when a record is newly created or an existing record is amended.

2.11.1 Invoking Rate Refreshment Screen

You can invoke “Rate Refreshment” screen by typing ‘PXDRMTMT’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

Specify the following details

Date

Select the date for which rates have to be refreshed from the adjoining date pickup.

Host Code

The system displays the host code for which rate refresh will be performed.

Rate Refreshment Status

Small FX Rate Refresh

Check this box to refresh the Small FX Rate.

Standard Rate Refresh

Check this box to refresh the Standard Rate.

Small FX Authorizer

User ID

Displays the user id of small FX authorizer.

Date Stamp

Displays the authorization date stamp.

Standard Rate Authorizer

User ID

Specify the user id of standard rate authorizer.

Date Stamp

Displays the authorization date stamp.

2.11.2 Viewing Rate Refreshment Summary

You can invoke “Rate Refreshment Summary” screen by typing ‘PXSRMTMT’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

You can search using one or more of the following parameters:

• Authorization Status
• Record Status
• Date
• Host Code
• User ID
• Date Stamp
• User ID
• Date Stamp

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria.

• Authorization Status
• Record Status
• Host Code
• Record Status

2.12 Prime Bank

Usage of this screen

• A Prime Bank is a Bank that is not the standard currency correspondent. This maintenance is Host specific.
• You can specify the Prime Bank overdraft limit for a Prime bank in this screen. The Prime Bank overdraft limit cannot be changed once authorized. The utilization is tracked for all the incoming payments from the Prime Bank.
• An upload function is provided to upload the Prime Banks. This function refreshes the details that are already available in the system after maintaining the history data. This process is a full refresh for the day. Utilizations are reset as part of the End–of–day process for cross-border payments.

2.12.1 Maintaining Prime Bank Maintenance

You can invoke the ‘Prime Bank Maintenance’ screen by typing ‘PXDPRIBK’ in the field at the top right corner of the application toolbar and clicking the adjoining arrow button.Click new button on the Application toolbar.

You can specify the following fields:

Host Code

The system displays the Host Code by default when you select New or Enter Query.

Prime Bank Code

Specify the SWIFT BIC code of the prime bank. Alternatively, you can select a BIC code from the option list. The list displays all valid BIC codes maintained in the system.

Prime Bank Code Description

The system displays the prime bank code description based on the prime bank code field value.

Prime Code Overdraft Limit

Specify the overdraft limit assigned to a Prime Bank. The transaction received from the Prime Bank is moved to the Prime Bank queue if the transaction amount exceeds the POL

Prime Bank Overdraft limit Currency

Specify the currency of Prime Bank Overdraft limit.

Utilised Limit

The system displays the current utilization of the POL by the Prime Bank.

2.12.2 Viewing Prime Bank Summary

You can invoke “Prime Bank Summary” screen by typing ‘PXSPRIBK’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

You can search using one or more of the following parameters:

• Authorization Status
• Record Status
• Host Code
• Prime Bank Code

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria.

• Authorization Status
• Record Status
• Prime Bank Code
• Prime Bank Overdraft Limit
• Prime Bank Overdraft Limit Currency
• Utilised Limit
• Host Code

In addition to the maintenances specific to Cross-border payments, the common maintenances given below are also used for processing –

• BIC Codes (ISSBICDE)
• Customer Summary (STSCIFCR)
• ECA - CIF Account Mapping (PMDCCEMT)
• Customer Service Model (PMDSRMDL)
• Customer Service Model Linkage (PMDCSMLK)
• Host Parameters (PMDHSTPR)
• Network Maintenance (PMDNWMNT)
• Network Preferences (PMDNWPRF)
• Network Currency Preferences (PMDNCPRF)
• Network Holidays (PMDNWHOL)
• Source Maintenance (PMDSORCE)
• Source Network (PMDSORNW)
• Pricing Code (PPDCMNT)
• Pricing Value (PPDVLMNT)
• Payment Processing Cut off Time (PMDCTOFF)
• External Credit Approval System (PMDECAMT)
• Exchange Rate System (PMDERTMT)
• Sanction Check System (PMDSNCKM)
• Bank Redirection (PMDBKRED)
• Account Redirection (PMDACRED)
• Role (PMDROLDF)
• System Parameters (PMDSYSPM)
• User Maintenance (PMDUSRDF)
• Time Zone (PMDTMZON)